Skip to content

Course home

2.7 The labour market

2.7 The labour market

EasyMediumHard
123456789101112
Question 2

A worker's annual salary is £30,000. They receive a £2,000 bonus and have deductions of £4,800 income tax, £2,100 National Insurance and 5% of gross pay as a pension contribution. What is annual net pay?

[1]
A

£23,100

B

£23,500

C

£24,300

D

£25,100

Markscheme

2.7 The labour market Questions

  1. GCSE
  2. /Economics
  3. /2.7 The labour market

34 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank